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Search Results for "rail"

Hydrogen roadmap targeting societal well-being, North West conference told 

By: Martin Creamer     26th January 2022 In terms of high-level outcomes, the vision of South Africa’s Hydrogen Society Roadmap is the creation of an inclusive, sustainable and competitive hydrogen economy to support net-zero carbon economic growth and societal well-being, Department of Science and Innovation (DSI) chief director... 

South Africa's RBCT exports lowest coal tonnage since 1996 

By: Martin Creamer     25th January 2022 The Richards Bay Coal Terminal (RBCT) last year exported its lowest volume of coal since 1996. In exporting 58.72-million tons of coal, RBCT was 11-milion tons down on what it achieved in 2020 and 18-million tons down on its 77-million-ton budget for the 2021 year. 

Fortescue sets record half

By: Esmarie Iannucci     25th January 2022 Iron-ore major Fortescue Metals has reported record iron-ore shipments in the half-year ended December, with shipments reaching 93.1-million tonnes in the half year, up 3% on the previous corresponding period. Fortescue on Tuesday reported that iron-ore shipments in the three months to December... 

Fortescue looks at Sinosteel's Midwest and Oakajee projects

By: Esmarie Iannucci     21st January 2022 Iron-ore major Fortescue Metals has inked a binding memorandum of understanding (MoU) with major Sinosteel to complete a rapid assessment of that company’s Midwest magnetite project. The assessment will include a rail and port development at Oakajee, Fortescue said on Friday. 

Concern over decline in galvanised steel uptake

The steady decline in the uptake of galvanised steel in South Africa is directly related to the drop-off in manufacturing activity and the dwindling number of construction and civil engineering projects under way, notes association body International Zinc Association (IZA) Africa Desk coordinator... 

Promise shown despite challenges

By: Theresa Bhowan-Rajah     21st January 2022 The South African mining industry continues to show promise in terms of base metal extraction and production despite challenges such as the impact of Covid-19, supply chain constraints and poor infrastructure, according to law firm Beech Veltman.  “South Africa is well known for its large... 

BHP adjusts copper and coal expectations

By: Esmarie Iannucci     19th January 2022 Diversified major BHP has adjusted its full year outlook for metallurgical coal and copper productions as tough conditions continued. The miner on Wednesday reported that full year copper production was trending towards the low end of the guidance range of between 1.59-million and 1.76-million... 

Taseko copper production slips

By: Mariaan Webb     17th January 2022 Copper miner Taseko Mines has reported lower copper production and sales for 2021, as the company suffered major weather-related disruptions in the final quarter of the year. The TSX- and NYSE American-listed miner produced 112-million pounds of copper and sold 105-million pounds from the... 

BHP buys electric trains for the Pilbara

By: Esmarie Iannucci     17th January 2022 Major BHP will purchase four battery-electric locomotives and conduct trials at its Western Australia iron-ore rail network, as part of the company’s ongoing efforts to reduce its operational emissions. The four locomotives are scheduled for delivery in late 2023, with two to be supplied by... 

Rio purchases battery-electric trains for the Pilbara

By: Esmarie Iannucci     11th January 2022 Mining major Rio Tinto will buy four battery-electric trains to use in the Pilbara as part of its strategy to reduce its carbon emissions by 50% by 2030. Rio on Tuesday announced that it had purchased the four 7MWh FLXdrive battery-electric locomotives from Wabtec Corporation with production... 

Weekly Coal Index Report

2022 has started on a bullish note, with the Richards Bay market rising some $20 over the week. This was due mainly to the Indonesian coal export ban, as local utilities run dangerously short of coal, with a lack of vessels to move coal between the islands. The ban is expected to only last until... 

Minerals Council backs State capture commission’s recommendations

By: Martin Creamer     6th January 2022 Minerals Council South Africa on Thursday endorsed the recommendations of the first report of the Commission of Inquiry into State Capture. The Minerals Council said these recommendations, aimed at preventing endemic and corrosive corruption in organs of the state and within the private sector,... 

Hyperion to pursue US listing, name change

By: Creamer Media Reporter      6th January 2022 ASX-listed Hyperion Metals Limited plans to pursue a listing on a national securities exchange in the US and will change its name to IperionX. Listing on a national securities exchange in the US is expected to enhance the visibility and accessibility of Hyperion to the extensive US market of... 

Study confirms viability of KWG's electrification plan within the Ring of Fire

By: Marleny Arnoldi     5th January 2022 An electrical infrastructure capital expenditure report, conducted by OneLine Engineering, has confirmed the positive economics of chromite project operator KWG Resources’ proposed electrification plan within the Ring of Fire, in Ontario. The study determined that electrification of the Marten... 

St Barbara readies to restart PNG mill

By: Esmarie Iannucci     5th January 2022 Gold miner St Barbara is expected to restart gold production at its Simberi operations, in Papua New Guinea (PNG) later this month. The miner this week told shareholders that it had completed the laying of the deep sea tailings placement (DSTP) pipeline, and that wet commissioning of the... 

Malawi rutile project confirmed as globally significant, says Sovereign Metals

By: Mariaan Webb     16th December 2021 A scoping study has confirmed the Kasiya project, in Malawi, as a globally significant natural rutile project, Australia-headquartered Sovereign Metals said on Thursday, stating that it was the largest undeveloped rutile deposit in the world. The initial study considers a multi-decade mine,... 

Sibanye suspends operations at safety-impacted South African mines, adjusts guidance

By: Donna Slater     15th December 2021 JSE- and NYSE-listed precious and battery metals miner Sibanye-Stillwater has revised its operational guidance for this year, primarily as a result of various safety-related interventions and measures that have been implemented to reinforce the group’s primary priority of safety. A group-wide... 

Strandline and Black Rock strike deal with Tanzania govt

By: Esmarie Iannucci     14th December 2021 The Tanzanian government has inked to framework agreements with Australian resource developers. ASX-listed graphite developer Black Rock Mining has signed a framework agreement for the development of its Mahenge project. 

Desert Bloom gets priority status

By: Esmarie Iannucci     14th December 2021 The Northern Territory government has awarded Major Project status to the $10.75-billion Desert Bloom hydrogen project, being developed by technology company Aqua Aerem. The 10 GW Desert Bloom project will start construction in 2022, and would produce commercial quantities of green hydrogen from... 

Hydrogen among solutions needed to drive green industry

By: Schalk Burger     13th December 2021 The production and export of green hydrogen is one means for countries to contribute to the global energy transition, with other elements being renewables, energy-efficient design principles and behavioural changes. “There is significant potential for South Africa to create a whole new industry... 

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